Investment, Key To Reduce Unemployment Rate


Indonesian Government will continue to pay attention to the conducive investment condition in order to increase the providing of job vacancy. Indonesia needs investment because it cannot rely on the state budget in the development and providing job vacancy. "The increasing of the amount of investment along with the increased number of business starts in…

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Government Will Simplify Regulation in Transportation Business


Indonesian Government through Minister of Transportation, Budi Sumadi, will simplify the regulations in order to increase the investment of transportation business in Indonesia. "Yesterday we already simplified 200 regulations in the Ministry of Transportation to be just 44 regulations, which means we want to make it easier for the investors to invest. I ask to…

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Government Regulate Fair Competition for Online and Offline Business


Indonesian Government through Trade Minister Enggartiasto Lukita asked marketplace provider (owner of online store platform) to sell Micro Small and Medium Enterprises (UMKM) products. Enggartiasto said that currently the big marketplace in the country mostly sell imported products. It certainly makes UMKM products that are sell offline lose competitiveness. "Right now government is preparing the…

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BI Mentions 12 Companies Got QR Code Permit


Bank Indonesia (BI) says there are 12 companies that get permission related to QR Code as payment system. However, it has not been standardized by the government. Head of Policy Department of Payment System of BI, Onny Wijanarko, said QR Code that applied now is still have their own standardization. The companies that already get…

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Some Troubled Fintech Applications Have Revoked


Less than ten financial technology (fintech) companies feel self conscious to no longer operate in the internet technology. Financial Services Authority (OJK) explained that some illegal fintech in the peer to peer lending services have revoked their own applications. The good side from this issue is there is it does not need the pressure from…

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Kertajati Airport Mutual Fund: Indonesia’s New Investment Option


This year PT Danareksa Investment Management (DIM) will launched diversified investment products. One that will be launched is the RDPT of West Java International Airport (Bandara Internasional Jawa Barat/BIJB) in Kertajati, Majalengka. President Director of Danareksa Investment Mangement, Marsangap P Tamba said RDPT Dirgantara I, which will be launched will be Rp 450 billion with…

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